Binance enhances SAFU fund stability through USDC amid regulatory progress in Dubai and India

Binance has completed the conversion of its Secure Asset Fund for Users (SAFU) into Circle’s USD Coin (USDC) stablecoin, according to on-chain data. In an April 18 statement, Binance confirmed transferring 100% of SAFU’s assets to the USDC stablecoin. According to the firm, its “use of a trusted, audited, and transparent …

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